Please use this identifier to cite or link to this item:
https://scholarbank.nus.edu.sg/handle/10635/189139
DC Field | Value | |
---|---|---|
dc.title | THE IMPACT OF MONETARY AND LABOUR POLICIES ON THE SINGAPORE HOUSING MARKET | |
dc.contributor.author | PEARLYN CHUA YIJUN | |
dc.date.accessioned | 2021-04-12T05:49:30Z | |
dc.date.available | 2021-04-12T05:49:30Z | |
dc.date.issued | 2017 | |
dc.identifier.citation | PEARLYN CHUA YIJUN (2017). THE IMPACT OF MONETARY AND LABOUR POLICIES ON THE SINGAPORE HOUSING MARKET. ScholarBank@NUS Repository. | |
dc.identifier.uri | https://scholarbank.nus.edu.sg/handle/10635/189139 | |
dc.description.abstract | In this paper, I perform a difference-in-differences analysis to study the impact of various monetary and labour policies on housing demand in Singapore. Using housing transaction level data with approximately 800,000 transactions, 1 find generally inconclusive results for the monetary policies studied due to the common trend assumption not being satisfied. 1 did, however, find that raising the Additional Buyer's Stamp Duty in 2013 reduced the quantity of private housing transacted in each postal sector by an average of 11.73 units per month relative to HDB transactions, through discouraging speculation. For labour policies, I find that raising the minimum qualifying salary for Employment Passes in 2012 reduced the unit prices of private housing by 1.46% relative to HDB flats. Quantity transacted, however, did not change significantly, indicating that it was a change in immigrant wage composition and not total immigrant numbers that drove the relative reduction in private housing prices. | |
dc.source | FASS BATCHLOAD 20210412 | |
dc.type | Thesis | |
dc.contributor.department | ECONOMICS | |
dc.contributor.supervisor | SONG CHANGCHENG | |
dc.description.degree | Bachelor's | |
dc.description.degreeconferred | BACHELOR OF SOCIAL SCIENCES (HONOURS) | |
Appears in Collections: | Bachelor's Theses |
Show simple item record
Files in This Item:
File | Description | Size | Format | Access Settings | Version | |
---|---|---|---|---|---|---|
ImpPea.pdf | 25.31 MB | Adobe PDF | RESTRICTED | None | Log In |
Google ScholarTM
Check
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.